ATLANTA—Sales at the luxury property The Residences at Mandarin Oriental, Atlanta have reached nearly $16 million for the first six months of this year.

iStar Residential says that after a period of slow sales activity, demand and sales have picked up substantially at the property. The firm, a division of iStar Financial Inc., says that three additional residences at the tower building are now under construction and sales will close this fall on those units.

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